Merch

Merchandising is a practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase.

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Merchandising helps to understand the ordinary dating notation for the terms of payment of an invoice. It helps to find the net price of an item after single or multiple trade discounts and can calculate a single discount rate that is equivalent to a series of multiple discounts. Codified discounting solves pricing problems including markups and markdowns. Further, it helps to calculate the amount of cash discount for which a payment qualifies.

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